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20121027
20121104
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. >> and seeking clarity -- german chancellor angel merkel on how to develop renewable energy. we begin in syria where the military is currently stepping up its use of airpower in an effort to defeat the rebels. >> opposition forces say at least 70 people have been killed in an air strike near the turkish border. meanwhile, a video emerges of what appears to be opposition fighters executing government soldiers. >> the un says that if the video is authenticated, the action would constitute a war crime. >> as their prisoners cower in terror, rebels celebrate. this video is said to of been recorded in northwestern syria. government forces and rebels have been fighting there for weeks. on thursday, rebels stormed several army checkpoints. they appear to have captured these government soldiers. in the video, rebels yell, "you are assad's dogs" at their captives, and then they prayed. after that, they fired round after round, killing at least 10 of those prisoners. the united nations is trying to verify the video and says the killings probably constituted a war crime and those responsible should be pu
house is in its final stretch. both candidates are working on the final push of their campaigns. energy independence has been a big topic. >> president obama wants to see more in the way of clean energy and renewable. republican presidential candidate mitt romney says if he is elected he will pursue a sharp increase in the production of oil and natural gas on federal lands and off the u.s. east coast. >> that would affect the residents of louisiana. energy policy is always on their minds after hurricane katrina and the bp oil disaster of 2010. that still has not changed their minds about wanting cheap sources of power. >> dean blanchard is known as the shrimp king of louisiana. he drives around barataria bay at high speed. and though it is hard to tell, things have slowed down for him leaping -- lately. in 2010, the oil spill paralyzed louisiana. since then, he is a shrimp king without shrimp. >> there is a lot of current that goes through here. the oil did not settle on the bottom. anytime the shrimp come through, they go in the park where there is no oil. >> on grand isle, there is oi
difference is this: the media treatment of it. more after this. energy is being produced to power our lives. while energy development comes with some risk, north america's natural gas producers are committed to safely and responsibly providing generations of cleaner-burning energy for our country, drilling thousands of feet below fresh water sources within self-contained well systems. and, using state-of-the-art monitoring technologies, rigorous practices help ensure our operations arsafe and clean for our communities and the environment. we're america's natural gas. >> we have a good plan, and, great job. >> back in the katrina days and today you hear nothing but good thing about fema. >> president barack obama: i want to thank craig fugate, who lives and breathes this stuff. [applause]. >> neil: you know, i'm hearing all of this glad-handing and back slapping and i have a lot of friends, obviously, family in the metropolitan area around new york, a lot of friends, close ones in staten island and i knew what was going on and i want you to juxtapose these guys high-fiving each other and thi
into the pacific northwest. in fact, the energy from that system is going to make its way and reform off our coast. look for plenty of sunshine through the southwest. that's what's going on >> the chilly weather will continue as we head into the weekend. the average high temperature is 62. a slight chance for >>> all right. time now for today's "take 3" where we take on three issues that have caught our eyes this morning. let's get to the first topic. willie, take it away. >> well, you guys have seen up close and personal some of the images from this post-hurricane sandy. you can't help but be moved, heartsick a lot of times but a little bit hopeful, too. you see it happened after 9/11 and happens after a lot of these natural disasters when people rush in to help. natalie, why don't i start with you, just an enduring image for you. >> well, obviously we're seeing great pictures from across the area. here just national guard getting some muffins, fresh muffins, but, you know, twitter, the power of twitter, it has really demonstrated how much you can get the word out for people who need help, and in
, mitt romney is going to speak only for his corporate funders and the dirty energy empires that many of them run doing what he has to keep the pipelines of oil and campaign cash flowing. and that includes pandering to the far right who shout u.s.a. rather than confronting this frightening reality that we have entered a new normal in which everyday life is punctuated by frequent and intensifying natural climate disasters. and the megaphone of this fringe wing fox news, keeps reinforcing that message. >> where's the proof? these global warming claims have been debunked time and time again. >> you know what the problem is? there's more people living at the shore so there are more impacts. this is nothing to do with global warming. >> you can pretty much predict moments after a catastrophe global warming freaks will link it to global warming. >> next five to ten years we're probably going to see more storms around the eastern seaboard. has nothing to do with global warming. >> jennifer: that is deliberately dece
on car insurance. one is for a clean, wedomestic energy future that puts us in control. our abundant natural gas is already saving us money, producing cleaner electricity, putting us to work here in america and supporting wind and solar. though all energy development comes with some risk, we're committed to safely and responsibly producing natural gas. it's not a dream. america's natural gas... putting us in control of our energy future, now. neil: when my friend was talking about though we have these little worlds that are separated in new york, and the crowds waiting outside for the mny ipad, they are waiting for that, and his relief supplies are coming in staten island. it is enough to make you sick. one other thing, we suggested that you can have these long lines and we said we might get back to something akin to what we had. maybe we can remember this was the last energy crisis. wouldn't you know that governor chris christie, he is a little younger, he wants to go and he is announcing the rationing of gasoline. and they might say, what is the big deal. look at these lines. well,
countries have kicked off negotiations on a huge solar energy project in the sahara desert. u.s. president barack obama has arrived in new jersey to tour the devastation left in the wake of super storm sandy. >> obama was joined by new jersey governor chris christie, who is republican, but christie has praised the way the president has handled the crisis. they viewed storm damage by helicopter. obama will also be meeting with residents and emergency workers. >> cleanup work is in full swing on the east coast after sandy flooded cities, washed out bridges, and caused billions of dollars in damage. >> but new york city is making it clear it is back in business. mayor michael bloomberg rate in the opening bell at the new york stock exchange, which was closed for two days. >> the storm killed over 40 people on the east coast and caused unprecedented damage. >> life is slowly returning to normal in new york. on wall street, major stock their first two-day closure ine- over a century. emergency generators provided the power. most of lower manhattan is still in the dark. an unusual event in the c
next issue is about energy, and we will start with ursala rozum. governor cuomo must to shut down indian point nuclear power point with supplies about a third of the electricity of new york city. do you support them in that effort? rozum: yes, i do support the governor to close indian point. i hope that he will take up a similar effort to eventually shut down the nuclear power plants along ontario. i think nuclear power, it's an energy source of the past. is expensive. it should not be relying on federal subsidies anymore. the national academy of sciences has said that any level of radiation from a nuclear power plant is dangerous to our health. so we need to be moving forward. the costs of nuclear power are socialized, and the health care costs that we have are people that are exposed to radiation. i do support, i support governor cuomo's efforts and to support a transition to renewable clean energy economy, and save economy that does not rely on fossil fuels or nuclear power. >> moderator: dan maffei, would you support what the governor wants to do by closing indian point? maffe
of the debates and hasn't focused enough of its energy on the ground with actual voters and personal stories. and finally, my goal from massachusetts writes, since my vote will not matter, have put my energy into getting democratic support for president obama when he is reelected, elizabeth warren for senate. we want to hear from those in non-swing states this morning. the phone lines are open. as we are waiting for you to call, i will point to the front page of usa today. the headline -- four days to seal the deal. after a brief campaign hiatus' courtesy of hurricane sandy, president obama and mitt romney resumed campaigning. the candidate's weekend travel schedules made it clear where the election was likely to be decided. obama was slated to return to ohio today. saturday, sunday and monday. he was set to appear in iowa, virginia, wisconsin, florida, new hampshire and colorado. romney was doubled to campaign in ohio, went -- wisconsin, new hampshire and virginia. statewide polls differ on who was ahead in colorado and i what it should obama with a single digit lead in nevada and wisconsin
this weekend are forecast to be close to freezing. the official count from the department of energy had 3.6 million customers across 11 states still without power. getting around in affected areas remains a challenge. the new york subway system remains shut down in lower manhattan. commuter rail systems in the new york suburbs are on limited service, as are new york's three large airports. >> tom: energy also remains a concern. late today the department of energy announced it will release emergency heating oil supplies to relieve a supply crunch due to sandy. meantime, many gasoline stations in the new york-new jersey area have closed because they have run out of gas or don't have electricity to get it out of the pump. erika miller reports >> reporter: six hours. that's how long drivers had to wait to fill up at this manhattan station. >> i got here at 6:00 am. >> reporter: the line stretched over 30 city blocks, but at least drivers could get gas. it's estimated that at least half of all stations in the metropolitan area are closed. in mount olive new jersey, some tried making the best
side, how about 10 to 20 inches of snow potentially because of the real energy from the area of low pressure. so really it's a powerful hybrid. here we are still now a hurricane here. you can see where it is. right now the center of circulation off the florida coast from florida to upstate new york will be impacted by this. so instead of this hurricane moving like it normally would, getting picked up by the jet stream pushing east, we have a rex block. what that means meteorologically all you need to know it's going westward instead of eastward. with that about monday, maybe evening into the night time, we'll see the center of circulation come ashore somewhere between new york and washington. four to eight foot storm surge potentially in that area. that's really one of the first hazards we'll see with this. then upstate new york, western new york, this area of low pressure sits and spin and doesn't move as fast as it's moving now. the potential for maybe a foot of rain if it sits there. an inch an hour for a day, day and a half so that's where perilous situations come in with the in
. across america, people have talked about our five-point plan. we will take full advantage of our energy resources: coal, oil, gas, nuclear renewables and review our regulations to make sure burning coal is done clean but not kill the industry like the epa has done. we will double the number of permits on federal lands and federal waters for drilling and oil and gas. day one we were take steps to get the pipeline from canada built. we will get north america on track to be energy independent in eight years. that means less cost to fill up the tank, less cost to heat your home. and if you are cutting steel and bending it, it take as lot of energy the manufacturing cares deeply about the cost of energy. if we take advantage of our natural gas and oil and coal we will have low-cost energy bringing more manufacturing back. it will make this company do better. energy is so key to our nation. that is why one of the first things we will do is get america on track to energize security. i want to open up more trade particularly in latin america. when nations cheat and over the years china has not
odd in the debates when energy policy was discussed, which was obviously linked deeply to climate because it is energy that is the main source, the way we use it, the fossil fuels, the way we use it is the main source of climate change even then neither candidate took the opportunity to explain these realities. so our political system has been broken for a while. the american public is realizing, of course, what the scientist versus long known. but now that we feel week by week month by month that the climate is changing and it's changing dangerously even before hurricane sandy, we were already in a period that was record warm for the united states, record drought in modern decades. that had not shaken the case. my answer is i hope so, but the political system has been pretty impervious to this up to now. >> jennifer: i think we should call for a new manhattan project, a national energy plan. i would be curious to know, if you had to say the top three things that should be in the national energy plan, briefly what would it include. >> i'll put in one we need to move to a low carbo
but really not that big. sandra: in the energy complex, refinery closures along the coast because of this storm. we saw oil prices go down and rbob gasoline prices went up. >> those things typically a a lot of times are pretty much -- imagination is your own worst enemy. we will have to see how those things really play out in the future. i don't think it's going to be that big of an impact. i think the market would have told us a lot more if there was going to be something big. sandra: what are you and your colleagues expecting for tomorrow? are you going to show up in the morning? the cme has not said whether the markets will be closed. >> we will be here for the grain markets. the fixed income might be different, that could be a ballroom with nobody there, but right now we will have a full staff and see what the exchange tells us. sandra: how do you position yourself in the global marketplace where traders can't anticipate whether or not the markets will be opened or closed? what do you do? stock market we already know is going to be closed. >> we don't have a choice. we have to
points. shares of chesapeake energy helped drag down energy stocks. the natural gas producer reported a third quarter loss and said it is delaying scheduled asset sales. there was one bright spot though on the day for sure. that was starbucks. shares of the coffee giant soared 9%. it solid beat fiscal fourth quarter earnings estimates while raising the full-year profit outlook. look at that stock. >>> now to our top story. the dire gas shortage is a consequence of the super storm. drivers are waiting for hours upon hours to fill up tanks only to be turned away because the station's tanks run down while awaiting. cars are being abandoned in lines up to half a mile long because they can't get gas. there are reports of gas rationing siphoning and fights breaking out at stations. we even heard of one instance of someone pulling a gun because someone cut a gas line. things are falling apart in new york. everyone wants to know how long will it be before drivers have access to gas? joining me now, patrick dehaan, chief petroleum analyst with gasbuddy.com. i was talking to someone before the
. they have lots of energy. why do you like technology right now? >> not just in the consumer, not in the mobile phones, but technology is one of those trends that affects every industry. it affects healthcare. it affects energy. energy we saw the new natural gas fracking that's bringing enormous supplies to the market. we could be energy independent because of the technology applied to energy. liz: yet you don't like energy, you say avoid energy. >> who is the biggest beneficiary of this new supply is really the consumers, and the businesses have low cost gas, natural gas has plummeted in price, so that actually hurts in an ironic way the producers of energy, benefits the consumers of energy. liz: that's why we have doug here to kind of help our brains go through the scenario of why energy and technology are on opposite ends at least for his preference. closing bell ringing in 50 minutes. is it time to cut the cord to your traditional cable box? i know some of you have already done that. but there are those of you who are sitting on the fence or the cable box so to speak and
about it before. part one is taking full advantage of our energy resources. on day one i'm going to increase the number of permits to drill on federal lands. [applause] i'm going to act speed approval of the keystone pipeline from canada. [applause] and i'm going to revisit coal regulations that were designed by the administration to strangle the industry. so on day one we'll be closer to energy independence. second i'm going to move to boost trade to latin america especially and i'm going to ask congress for authority that is a power every president has used with the exception of president obama. and i will finally designate china as a currency ma nip pew late tor. it's time to make trade work for america. i'm going to send congress congress the training reform act. who make every worker can get the skills and chance for a good paying job, we deserve it. [applause] fourth i'm going to move to tackle out of control spending. i'm going to send congress the first of several fundamental reforms. the first will be called the down payment on fiscal sanity act to immediately cut, not j
beautifully. standing next to south cross energy up battle point* 5%. they did well even though hurricane sandy blooms on the eastern seaboard. liz: day do not sell hardware. they sell pretty stuff. [laughter] lasalle whole crew knows, the devastation from hurricane zandi -- sandy is felt that these coast with the energy side then the human side. we have lived team coverage 40 miles from and had an atom we will start with you. >> behind me receive the national guard and passing a water but also red cross now showing up but the field of dreams foundation and they showed up early on their own volunteers bringing food and clothing. diapers, betting common medications, food if you can cook or pizzas if you cannot. people are coming out with converters for govett is what is going on in staten island. those who are still waiting for the sanitation trucks they are furious the new york city marathon will be run. and assemblywoman says the governor should take the lead and another one said the mayor should get his stuff together. they're waiting for assistance. liz: is that the translation and you
a natural death highway all over the united states. the ceo of clean energy joining us in a fox business exclusive. liz: stocks sinking. all major industries closing in the red. the s&p was the one able to hold onto weekly gains. the only index to and the week in the green. energy and utilities log. here's what happened happened with the jobs numbers thought the u.s. economy did add 171,000 jobs in october. the on employment number of 27.9%. august and september numbers were upwardly revised. u.s. factory orders posted their largest gain in 18 months. jumping nearly 5%. it was driven by a surge in demand for commercial aircraft. a category where orders had just plunged in last august. david: we have all of today's action covered. rich edson has information on the all important jobs report. jeff cleveland says today's report is just statistical noise so get over it. let's start with rich. i think this is a jobs report both candidates want to get over because it was a wash speaking there is enough in there for both to spend. both use this as evidence that voters should elect them on tuesda
the department of energy. connecticut 626,000 without electricity. new jersey, 2.5 million without electricity. new york, 1.9, roughly 2 million without electricity. pennsylvania, 1.2, 1.3 million without electricity. it is a huge number. in all, 18 states, are reporting that they have power outages. that total 8.1 million customers who don't have electricity. liz? liz: well, you know what? it doesn't surprise me that it is new jersey where president obama will go first. he is heading there tomorrow. just announced it at the top of the hour. he will be touring the area. adam, we saw the ariel pictures of -- aerial pictures of atlantic city i would imagine that or the area in queens where 80 homes were destroyed by fire would be the first places. of course queens in new york but maybe that's his second spot. adam: it sounds like he would go over to the rock aways where the homes burned. when you talk about the president coming here, one of the things people will be asking him and the department of energy is they have 25,000 men and women who are mobilized or being flown in from mexico and canad
[captioning made possible by constellation energy group] captioned by the national captioning institute --www.ncicap.org-- >> helicopter flight over the new jersey shoreline spots this washed out bridges on the way this is a glimpse of the damage left behind by what was hurricane sandy. could afternoon, everyone. the aftermath is our top story this afternoon. the magnitude of the loss is staggering and entire communities along the jersey shore wiped clean. boroughs in new york flooded and transportation crippled for a third day. we are live in new jersey with the latest. >> from the sky, the new jersey shore is barely recognizable. >> it was horrible, really sad. everything i grew up around is gone. >> as peopledamage, a massive ew under way to help those still stranded on the jersey shore. >> we will be moving people from the island because it is not safe to be there. >> he was one of the first to be brought to safety. all of his belongings in 1 bac. >> it was one of the scariest thing that i have lived through, but at least i lived. >> this morning in hoboken, thousands were
companies, but abolish them for wind energy, which does not emit any carbon dioxide. that's basically a frame which gives people a choice as to which direction they want to go in. president obama raised fuel economy standards to 55 miles per hour by the year 2025. that not only backs out 3 million barrels of oil a day from the persian gulf, all of the oil they import from the persian gulf, but it also reduces one full year of carbon dioxide emissions into the atmosphere. mitt romney is saying he'll roll back those standards. all the way down the line, there's a sharp contrast here of, you know -- there are no emergency rooms for planets. we either engage in preventive care here and reduce the amount of greenhouse gases that go into the atmosphere, or we are going to see ever greater intensifying catastrophic events hitting our country and causing tremendous damage to the american people. >> congressman, thanks so much for coming on the program. we appreciate it. let's go live to roanoke, virginia. mitt romney is at what they're calling a victory event at integrity windows and doors co
the surface. he is not againstoslue noud] bie i o. lf my family is in theil siss i bie iheap energy. the problem weot i wl mpiegosoighe bgh ou all our regulatory ancs d ug ualou politicians. >> according toea, corruption, notilisha caedheurntris. still, the slickasmoer hibuness. e ngs looking for shrimp elsewhere. zes es. as the u.s. gets readyo ect the next president, dean is definitely ready for something different. 'moi tot f romne i'm going to get rid of oma h'seehe four years and did not do what he said he would . is iot cng is is the same old thing. dn thinks presidentba halethcotrdo t wrgath. he is n ane losia s te republican foreces ro i an environmental acvi louisiana is home to aosha ofheatn'etnd, but th a bngesoy b calsui tsee as oil and gas wells. n eugeoeare. not enough people are demanding aconro pitia. t ou people are demanding changes to where we g our engyro that's one of our largest challenges sce 2005, over 340 square mis ofetnd aund ne orleans have vanished. experts bie ts ay a mar len e devastation of hurricane katrina. they warof more dasters ahead du to climat
of expansion of energy which is the reason why we're having such a tough time recovering. michelle just made the point before about this aging infrastructure that we have. we haven't rebuilt it not because we don't have the money to do it. we haven't rebuilt it because all these groups oppose every single thing you want to do. if you want to build a new generator, they oppose that. if you want to build new transition lines, they opposes that. god to bid you should built a new nuclear power plant. >> but that's what bloomy is saying. when he goes down this road of global warming, and he also mentioned cap and trade, he is saying we'll put limits on the volume of energy. all energy. including, you know, the new fracking centering for natural ga energy for natural gas. it's anti-growth. and new york city doesn't need anti-growth policies. >> we're always at the breaking point for energy. i belt ten new generators. i had to push to do it by the new york you power authority. this is not just true of new york, it's true all throughout america. we operate at the limit. some of that is economics bec
attorney is challenging the maker of a popular energy drink to prove its product is safe. we have written to the monster energy company asking it to substashiate the claims that the drinks are safe. the drinks came in for scrutiny last week after the fda disclosed five deaths are possibly linked to the beverages, in a statement monster energy says they have documentation to prove the safety of the drink products. crowds in san francisco set fire to a shoe shine stand but tonight the owner of the stand is back in business thanks to a generation donation, he received a brand-new stand today from san francisco recycling contractor. workers found wed and assembled a new stand where he has made his living now for the past six years. >> just overwhelmed. the best city here to live in the world. these people exactly out of the woodwork to help people trying to help themselves. >> they are planning find more replacement chairs that were destroyed by the vandals. the police told us there have been no arrests in the casism the evening commute is easing up after a big rig crash snarled traffic. a tr
storm and it has the energy from almost an area of low pressure like a nor'easter. tropical storm force winds extending out 450 miles and snow in the forecast with this thing. this is the forecast models pushing it and you can see the consensus with this, which is odd. certainly this far out, as well. this is the scary part. so, it brings it here making landfall somewhere between washington and new york city, then look what happens here, kind of just rotates and spins and that's the scary aspect. remember, irene in vermont all that flooding. sandy is rotating and spinning for 24 hours dumping an inch of rain an hour. so, this is the potential for devastating and deadly flooding. couple that with, of course, this wind field 70-mile-per-hour winds extending 450 miles out and the potent energy with this bringing snow potentially to the mountains on the western side of it. so, guys, this -- computer models have been for 25 years and they have never had to run this exact scenario. so, a lot of very intriguing, but scary things about it. >> alexandria, thanks. >>> a storm of this size can cau
. the u.s. energy complex could take a hit from hurricane sandy. we'll have an update on that shortly. but first let's take a look at european markets. though we started to open slightly higher today, losses are accumulating. ibex 35 over in spain shedding about 0.4%. we want to know your hurricane stories. you can e-mail our tweet us. joining us now is stewart hitch arrested son, rmg wealth management. good morning. your initial thoughts here as we look at the impact of sandy barreling down on new york. we know a lot of trading is shut down. are people routing trades through london? >> you can try to separate the fundamentals from liquidity. fundamentals won'ten drastically changed in the medium term, but if markets get through calmly and people don't panic, we'll be back at the end of the week. if there is panic, liquidity could dry up and could be a crazy couple of days. >> liquidity issue is actually an important one. we've seen others sort of recommend clients steer clear of markets for a couple of days. what's interesting, that will just exasser balt the issue understandably say
a stop trading. the markets, when they ropen, will be focusing in part on energy prices, particularly gasoline prices because eight of the country's refineries producing about 8 percent of our daily supply in gasoline where in the path of sandy. about six of those refineries which haveeen operating a reduced capacity and are ramping up production leaving to refineries, bulk of them in new jersey. they have simply lost power and plotted and will be back quickly it is uncertain when they're will be returning to of storage products and production. recovery efforts under way tonight after the superstar and crippled the east coast. in new york city, subways and tunnels flooded. hundreds of thousands are without power, and joining us tonight on the phone, the former governor of new york, george pataki. good to have you with this. you have seen much of the devastation. can you compare this to anything that we have seen before? >> you know, it's really differ from what we've seen before. we have had terrible storms. hurricanes, blizzards we had the attacks of september 11th, but this, it wasn
't look good. more after this. we have big dreams. one is for a clean, domestic energy future that puts us in control. our abundant natural gas is already saving us money, producing cleaner electricity, putting us to work here in america and supporting wind and solar. though all energy development comes with some risk, we're committed to safely and responsibly producing natural gas. it's not a dream. america's natural gas... putting us in control of our energy future, now. neil: and then there is sandy. the latest tally, don't know how they do it, $50 billion storm. i guess they figure in the businesses shut down, insinuating damages and repairs, a third of that in the state of new jersey alone. it is an ongoing mess and getting messier, who knows. he dealt with something very different called 9/11 but he knows about how this escalates before your eyes. >> this has been a terrible storm, they be one of the worst in history. i think it has been handled well. i can't see any fault with the way the emergency response works in new york, in new jersey. look, i think you have to do it. that is t
not understand why you would have an energy tax that is hurting our oil, coal, and gas industries on montana that we rely upon. >> the you feel president obama has implemented policies that hurt montana? >> i feel the race to the top is not a good policy for education for one candidate. we have been working with the administration to try to get them more aware of the issues that are out there. it is critically important every time america against -- gets left off. other countries have a carbon tax. we do not, and that is the problem. there has been debate. it has been thrown against the wall. let's hope it sticks. let's talk about what we have done, less than in decades. we are becoming more energy dependent. natural gas is cheaper than cool. that is good for folks. energy is sheet. that is good for the consumers. the obama administration needs more from rural america. it is an educational paul -- process, and let's put it like that. >> we do not have an energy policy. we have an environmental policy. we need to work on alternatives like wind and solar and biomass. we need to talk about cons
energy production in the u.s. and has been sharply critical of the obama administration's energy policies saying the u.s. needs to be on path for energy independence. >>> coming up on the news edge, being called by some the town that is forgotten amount look at the devastation at new york's staten island. >> a six hundred-pound marlin lands in a boat off the off of the coast of -- off of the coast of australia. the long battle. now for the struggle, they let the fish go back into the sea. president obama: there's just no quit i in america... and you're seeing that right now. over five million new jobs. exports up forty one percent. home values... rising. our auto industry... back. and our heroes are coming home. we're not there yet, but we've made real progress and the... last thing we should do is turn back now. here's my plan for the next four years: hbuilding on our manufacturingur boom;: boosting american-made energy; reducing the deficits responsibly by cutting where... we can, and asking the wealthy to pay a little more. and ending the war in afghanistan, so we can... do some nation
of physical energy, it was so fast and widespread that the ultimate impact was less modest and if it had been a cat four or five storm. unlike in florida, you do not have entire towns missing their roofs. you generally end up having claims, which, you know, you look at the damage and say it must be astronomical. it will modestly be more reasonable. homes have been damage as opposed to being completely destroyed. liz: you look at berkshire hathaway which owns geico, some of these will see payoffs. you make a very interesting point in that is this was not necessarily a wind event, it was a storm surge event. most of that is covered by government storm insurance. if we look at the most expensive storms, could this be worse than the isaacs and hurricane andrew >> in public opinion, it is not always clear what really caused the damage. people fight with their insurers for years. as a practical matter, the biggest flood risk and storm surge risk will come not from personal customers, but rather from commercial concerns. not that there is anyone who looks at this and says it will not be a manageable
the critical state of ohio, examining how the auto bailout and energy boom are weighing on voter's minds. > we've had a lot of potiveconic news er theast uple of months. is it too close to the election to really make an impact on people's votes? or are people still kind of weighing the economic realities of the country and of the state? >> woodruff: plus mark shields and david brooks analyze the week's news. >> brown: and we close with author louise erdrich on the crafting of her new novel, dealing with life-altering violence for one native american family. to talk to me. and i knew once i had written into this, when i got to the words, where is your motr i knew that this was the book. >> woodruff: that's all ahead on tonight's newshour. >> major funding for the pbs newshour has been provided by: ♪ ♪ ♪ moving our economy f 160 ars. bnsf, the engine that connects us. >> and by the bill and melinda gates foundation. dedicated to the idea that all people deserve the chance to live a healthy, productive life. >> and with the ongoing support of these institutions and foundations. and... >> t
as the storm is causing blackouts my next guest says our whole energy policy is wrong. he says there could be more than half a million jobs created in swing states in the next three to five years from hydrocarbon energy. mark mills is senior fellow with the manhattan institute. i was really interested to read your study. i thought one of your most interesting points was that we are oriented towards conservation and protectism of domestic resources right now but we could actually be a major producer and could be exporting energy which seems hard to get from here to there. you really think we have that much? >> well i know we have that much and this is the real surprise. in energy policy that we have to really change how we look at energy fundamentally. we've operated under the basis from almost half a century now since the big oil embargo of 1973 on the assumption that we're running out of oil, that we can't make enough here and only way out of this is find replacements for oil or conserve our way out of it. both those are important by the way, they continue to be important but what happene
the tropical entity. it's got the energy from this area of low pressure, which in essence is almost like a nor ea -- nor'easter in the winter. this is a projection of the rain coming up the coast, potentially about ten inches. look on the backside of this down the spied ne of the appalachians. how about ten to 20 inches of snow? power outages will be huge as well. and airport delays. whether we see them, which we most likely would. 30 and 40 mimp gu-mile-per-hour. we're looking at five days of some very tough travel. >> thank you for the heads up. we appreciate it. this storm is already having an impact on the presidential cam pains. particularly in some key swing states. both vice president joe biden and mitt romney have cancelled campaign rallies in virginia beach that were scheduled for this weekend. the obama campaign says biden's schedule was changed so police and emergency crews could stay focused on helping people with that storm. first lady michelle obama as well cancelled a campaign rally. this was in another critical swing state, in new hampshire. it was scheduled for next week in du
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